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中國中鐵股份有限公司

CHINA RAILWAY GROUP LIMITED

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 390)

This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached "Announcement of China Railway Group Limited on Entry into of Agreement for a BOT Project" published by China Railway Group Limited on the Shanghai Stock Exchange website on 26 September 2016 for your information.

By Order of the Board

China Railway Group Limited LI Changjin

Chairman

26 September 2016

As at the date of this announcement, the executive directors of the Company are LI Changjin (Chairman), YAO Guiqing and ZHANG Zongyan; and the independent non-executive directors are GUO Peizhang, WEN Baoman, ZHENG Qingzhi and NGAI Wai Fung.

A Shares Stock Name: China Railway

A Shares Stock Code: 601390

H Shares Stock Name: China Railway

H Shares Stock Code: 00390

Announcement No.: Lin 2016-057

Announcement No.: Lin 2016-057

Announcement of China Railway Group Limited on Entry into of Agreement for a BOT Project

The board of directors of China Railway Group Limited (the "Company") and all the directors hereby undertake that this announcement does not have any false or misleading statements or any material omissions, and assume the joint and several liability for the truthfulness, accuracy and completeness of the contents.

Recently, the Company, together with a third party, has entered into an investment agreement in relation to the construction project of Shantou-Jiexi Segment of Shantou-Zhanjiang Highway (the "Project") with the Transportation Bureau of Shantou and the Transportation Bureau of Jieyang of Guangdong Province. The Project is the starting segment of Shantou-Zhanjiang Highway, which is "the Second Transverse Line" of the highway network planning program of Guangdong Province. It starts from Haojiang District, Shantou City, links with Xiamen-Shenzhen Highway, passes from Chaoyang District, Shantou City to Daxi Town, Jiexi County and meets with Daxi-Boluo Segment of Shantou-Zhanjiang Highway. The Project is around 86.59 kilometers in length, with a designed speed of 120km/h and six lanes on a two-way road. The total investment amount of the Project is estimated to be RMB11.746 billion, with a construction period of three years and an operation period of 25 years.

The Project will adopt a BOT model, under which the Transportation Bureau of Shantou City and the Transportation Bureau of Jieyang City of Guangdong Province will select the Company and a third party as investors through open tendering. The Company and the third party, respectively owning 60% and 40% of the shareholding, will establish a project company, which will be responsible for the investment, construction, operation and management of the Project. The capital of the Project, which will be contributed by the Company and the third party in accordance with the equity ratio, will not be less than 25% (equivalent to approximately RMB2.937 billion) of the total investment of the Project.

The tender for the Project has been considered and approved at the 21st meeting of the third session of the board of directors of the Company.

Notice is hereby given.

The Board of Directors of

China Railway Group Limited

27 September 2016

China Railway Group Limited published this content on 27 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 September 2016 00:55:06 UTC.